When looking at the 4th Quarter Market report for Tahoe Island, we saw another report with mixed news. The amount of solds went down a little bit and while the average and median sold prices increased, it wasn’t by leaps and bounds. The price per square foot did increase while days on market went down and the percentage of list price stayed the same. Here are the numbers for the market categories we follow for the Tahoe Island neighborhood.
| Tahoe Island 4th Quarter Report | 2018 | 2019 |
|---|---|---|
| Number of Sales | 24 | 22 |
| Average Sale Price | $419,966 | $420,573 |
| Median Sale Price | $427,000 | $439,000 |
| Average List to Sale Ratio | 97.9% | 97.9% |
| Average Dollar Per Square Foot | $314 | $324 |
| Days on the Market | 99 | 91 |
| Month Supply | 2.2 | 3.1 |
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